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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$43.70 +1.29 (+3.04%)
As of 04:00 PM Eastern

CVE vs. CNQ, SU, IMO, OVV, and ARX

Should you buy Cenovus Energy stock or one of its competitors? MarketBeat compares Cenovus Energy with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Cenovus Energy include Canadian Natural Resources (CNQ), Suncor Energy (SU), Imperial Oil (IMO), Ovintiv (OVV), and ARC Resources (ARX). These companies are all part of the "petroleum and natural gas" industry.

How does Cenovus Energy compare to Canadian Natural Resources?

Canadian Natural Resources (TSE:CNQ) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, institutional ownership, media sentiment and profitability.

In the previous week, Canadian Natural Resources and Canadian Natural Resources both had 6 articles in the media. Canadian Natural Resources' average media sentiment score of 1.19 beat Cenovus Energy's score of 0.09 indicating that Canadian Natural Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Natural Resources
3 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Canadian Natural Resources presently has a consensus price target of C$63.73, suggesting a potential downside of 6.21%. Cenovus Energy has a consensus price target of C$39.79, suggesting a potential downside of 8.96%. Given Canadian Natural Resources' higher possible upside, analysts plainly believe Canadian Natural Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Natural Resources
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

Canadian Natural Resources has higher earnings, but lower revenue than Cenovus Energy. Canadian Natural Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Natural ResourcesC$44.17B3.21C$7.52BC$5.1613.17
Cenovus EnergyC$51.89B1.57C$3.69BC$2.5117.41

Canadian Natural Resources has a net margin of 24.51% compared to Cenovus Energy's net margin of 9.52%. Canadian Natural Resources' return on equity of 22.74% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Natural Resources24.51% 22.74% 8.80%
Cenovus Energy 9.52%15.23%7.58%

62.8% of Canadian Natural Resources shares are owned by institutional investors. Comparatively, 54.0% of Cenovus Energy shares are owned by institutional investors. 4.3% of Canadian Natural Resources shares are owned by company insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Canadian Natural Resources pays an annual dividend of C$2.39 per share and has a dividend yield of 3.5%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 1.8%. Canadian Natural Resources pays out 46.3% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Canadian Natural Resources has a beta of 0.482295, suggesting that its stock price is 52% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.230344, suggesting that its stock price is 77% less volatile than the broader market.

Summary

Canadian Natural Resources beats Cenovus Energy on 11 of the 18 factors compared between the two stocks.

How does Cenovus Energy compare to Suncor Energy?

Suncor Energy (TSE:SU) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, institutional ownership, profitability, media sentiment, risk and dividends.

Suncor Energy pays an annual dividend of C$2.34 per share and has a dividend yield of 2.4%. Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 1.8%. Suncor Energy pays out 44.5% of its earnings in the form of a dividend. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Suncor Energy has a beta of 0.365442, meaning that its stock price is 63% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.230344, meaning that its stock price is 77% less volatile than the broader market.

Suncor Energy has a net margin of 12.17% compared to Cenovus Energy's net margin of 9.52%. Cenovus Energy's return on equity of 15.23% beat Suncor Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Suncor Energy12.17% 14.01% 7.01%
Cenovus Energy 9.52%15.23%7.58%

Suncor Energy has higher revenue and earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Suncor Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Suncor EnergyC$54.47B2.08C$7.92BC$5.2618.21
Cenovus EnergyC$51.89B1.57C$3.69BC$2.5117.41

In the previous week, Cenovus Energy had 4 more articles in the media than Suncor Energy. MarketBeat recorded 6 mentions for Cenovus Energy and 2 mentions for Suncor Energy. Suncor Energy's average media sentiment score of 0.32 beat Cenovus Energy's score of 0.09 indicating that Suncor Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Suncor Energy
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Suncor Energy presently has a consensus price target of C$93.13, indicating a potential downside of 2.80%. Cenovus Energy has a consensus price target of C$39.79, indicating a potential downside of 8.96%. Given Suncor Energy's higher probable upside, analysts clearly believe Suncor Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Suncor Energy
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

48.5% of Suncor Energy shares are held by institutional investors. Comparatively, 54.0% of Cenovus Energy shares are held by institutional investors. 0.0% of Suncor Energy shares are held by company insiders. Comparatively, 32.0% of Cenovus Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Suncor Energy beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Imperial Oil?

Cenovus Energy (TSE:CVE) and Imperial Oil (TSE:IMO) are both large-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, media sentiment, profitability, dividends, analyst recommendations and valuation.

In the previous week, Cenovus Energy and Cenovus Energy both had 6 articles in the media. Cenovus Energy's average media sentiment score of 0.09 beat Imperial Oil's score of -0.14 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Imperial Oil
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cenovus Energy currently has a consensus target price of C$39.79, suggesting a potential downside of 8.96%. Imperial Oil has a consensus target price of C$137.00, suggesting a potential downside of 27.67%. Given Cenovus Energy's stronger consensus rating and higher probable upside, equities research analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00
Imperial Oil
6 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.40

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 1.8%. Imperial Oil pays an annual dividend of C$3.03 per share and has a dividend yield of 1.6%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Imperial Oil pays out 51.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Cenovus Energy has a net margin of 9.52% compared to Imperial Oil's net margin of 6.27%. Cenovus Energy's return on equity of 15.23% beat Imperial Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Imperial Oil 6.27%13.43%9.78%

Cenovus Energy has a beta of 0.230344, meaning that its stock price is 77% less volatile than the broader market. Comparatively, Imperial Oil has a beta of 0.650884, meaning that its stock price is 35% less volatile than the broader market.

Imperial Oil has lower revenue, but higher earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Imperial Oil, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.57C$3.69BC$2.5117.41
Imperial OilC$45.40B2.02C$4.85BC$5.9032.10

54.0% of Cenovus Energy shares are held by institutional investors. Comparatively, 19.4% of Imperial Oil shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 71.3% of Imperial Oil shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Cenovus Energy beats Imperial Oil on 11 of the 18 factors compared between the two stocks.

How does Cenovus Energy compare to Ovintiv?

Cenovus Energy (TSE:CVE) and Ovintiv (TSE:OVV) are both large-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, media sentiment, institutional ownership, dividends, profitability and risk.

Cenovus Energy has higher revenue and earnings than Ovintiv. Cenovus Energy is trading at a lower price-to-earnings ratio than Ovintiv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.57C$3.69BC$2.5117.41
OvintivC$9.06B2.60C$1.39BC$3.0427.56

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 1.8%. Ovintiv pays an annual dividend of C$1.20 per share and has a dividend yield of 1.4%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. Ovintiv pays out 39.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Cenovus Energy has a net margin of 9.52% compared to Ovintiv's net margin of 8.59%. Cenovus Energy's return on equity of 15.23% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
Ovintiv 8.59%7.13%8.59%

Cenovus Energy has a beta of 0.230344, indicating that its share price is 77% less volatile than the broader market. Comparatively, Ovintiv has a beta of 0.581365, indicating that its share price is 42% less volatile than the broader market.

Cenovus Energy presently has a consensus price target of C$39.79, indicating a potential downside of 8.96%. Given Cenovus Energy's higher probable upside, research analysts clearly believe Cenovus Energy is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00
Ovintiv
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
5 Strong Buy rating(s)
3.10

In the previous week, Cenovus Energy had 3 more articles in the media than Ovintiv. MarketBeat recorded 6 mentions for Cenovus Energy and 3 mentions for Ovintiv. Ovintiv's average media sentiment score of 0.29 beat Cenovus Energy's score of 0.09 indicating that Ovintiv is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ovintiv
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

54.0% of Cenovus Energy shares are owned by institutional investors. Comparatively, 62.4% of Ovintiv shares are owned by institutional investors. 32.0% of Cenovus Energy shares are owned by company insiders. Comparatively, 0.5% of Ovintiv shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Cenovus Energy beats Ovintiv on 10 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to ARC Resources?

Cenovus Energy (TSE:CVE) and ARC Resources (TSE:ARX) are both large-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and profitability.

Cenovus Energy has a beta of 0.230344, meaning that its stock price is 77% less volatile than the broader market. Comparatively, ARC Resources has a beta of -0.265168, meaning that its stock price is 127% less volatile than the broader market.

In the previous week, Cenovus Energy had 6 more articles in the media than ARC Resources. MarketBeat recorded 6 mentions for Cenovus Energy and 0 mentions for ARC Resources. Cenovus Energy's average media sentiment score of 0.09 beat ARC Resources' score of 0.00 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Overall Sentiment
Cenovus Energy Neutral
ARC Resources Neutral

Cenovus Energy pays an annual dividend of C$0.80 per share and has a dividend yield of 1.8%. ARC Resources pays an annual dividend of C$0.80 per share and has a dividend yield of 2.5%. Cenovus Energy pays out 31.9% of its earnings in the form of a dividend. ARC Resources pays out 31.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ARC Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Cenovus Energy currently has a consensus target price of C$39.79, indicating a potential downside of 8.96%. ARC Resources has a consensus target price of C$29.98, indicating a potential downside of 5.87%. Given ARC Resources' higher probable upside, analysts clearly believe ARC Resources is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00
ARC Resources
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.31

54.0% of Cenovus Energy shares are held by institutional investors. Comparatively, 54.4% of ARC Resources shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by insiders. Comparatively, 0.4% of ARC Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

ARC Resources has a net margin of 22.18% compared to Cenovus Energy's net margin of 9.52%. ARC Resources' return on equity of 17.43% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy9.52% 15.23% 7.58%
ARC Resources 22.18%17.43%7.88%

Cenovus Energy has higher revenue and earnings than ARC Resources. ARC Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus EnergyC$51.89B1.57C$3.69BC$2.5117.41
ARC ResourcesC$6.93B2.62C$1.11BC$2.5312.59

Summary

Cenovus Energy beats ARC Resources on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVE vs. The Competition

MetricCenovus EnergyOil & Gas Integrated IndustryEnergy SectorTSE Exchange
Market CapC$81.49BC$68.75BC$10.73BC$11.80B
Dividend Yield2.07%5.20%10.21%6.23%
P/E Ratio17.4112.2821.5537.18
Price / Sales1.575,871.391,005.0511.25
Price / Cash13.715.7037.4482.29
Price / Book2.521.954.654.30
Net IncomeC$3.69BC$231.25BC$4.25BC$299.09M
7 Day Performance6.35%1.25%1.42%-2.22%
1 Month Performance30.25%3.40%6.95%-1.01%
1 Year Performance127.84%41.73%55.56%53.16%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
3.6331 of 5 stars
C$43.70
+3.0%
C$39.79
-9.0%
+121.1%C$81.49BC$51.89B17.416,000
CNQ
Canadian Natural Resources
3.736 of 5 stars
C$61.76
+1.4%
C$63.73
+3.2%
+54.0%C$128.81BC$44.17B11.9710,272
SU
Suncor Energy
2.652 of 5 stars
C$89.08
+1.7%
C$93.06
+4.5%
+88.5%C$105.73BC$54.47B16.9416,600
IMO
Imperial Oil
1.9051 of 5 stars
C$177.88
+2.4%
C$137.08
-22.9%
+82.8%C$86.02BC$45.40B30.155,300
OVV
Ovintiv
1.7853 of 5 stars
C$80.87
+2.2%
N/A+58.1%C$22.91BC$8.91B16.921,740

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This page (TSE:CVE) was last updated on 5/19/2026 by MarketBeat.com Staff.
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